Tecnalia Ventures

Tecnalia Ventures, founded in 2013 and based in Derio, Spain, operates as a venture builder and the investment arm of the Tecnalia research and technological development center. The organization focuses on the complete management of technological assets, from their initial definition to commercialization, thereby enhancing their value and facilitating market transfer through the establishment of technology-based companies or the sale of industrial property. By identifying and accelerating disruptive technological solutions that address specific corporate challenges, Tecnalia Ventures aims to transform innovations into viable businesses that generate societal value. As of December 31, 2016, the firm had promoted 22 active companies and managed a portfolio of 13 investee companies, collectively achieving a turnover of 33.5 million euros and creating 267 jobs. Tecnalia Ventures has significantly improved its revenue from industrial property sales and has built a robust portfolio of patents, ranking sixth among Spanish companies for European patent applications.